Back in 2004, Mark Cuban wrote a blog post that shocked a lot of people in the business world: he announced (but only somewhat seriously) his interest in Mark Cuban starting a hedge fund based on sports betting. The logic was ironclad, and still is…. there is a better rate of return for smart money in sports gambling investing than in the stock market.

Cuban’s idea had a lot of sound logic behind it: the return at a casino is roughly the same as in certain funds for breakeven purposes (but less expensive), and sports betting is different in that there is an expectation of loss, whereas in traditional investing there is an expectation of profit. This changes the way the money is handled, and smart bettors can expect better returns by having more information. And in this, Cuban argued, sports work out far better than the market: most people have much, much more information about their sports teams than the companies in their hedge funds.

Still, traditional investors scoffed (probably more out of personal offense than actual analysis): could a group of successful sports bettors actually have a better rate of return than market hedge funds? Two groups have tried, and one group has survived, and even moved to the UK to expand. Both are instructive in that they can show us exactly how sports bettors succeed and fail. Read more →

It might seem impossible for a novice bettor, after having a few varied winning streaks to even envision how someone could hit +100% return betting on sports over a season. But experienced bettors (who apply sound strategy and ride the long term seasonal performance) know that there are things that you can (and need) do to change the way you bet on sports to turn greater profits.

The biggest change the majority of sports bettors have to make is this: Accept that in sports investing, taking losses at the books is all part of game: if you understand and accept that, you’re already more than halfway to success.

Any professional sports bettor will tell you, there is a psychological understanding to separate emotion from the strategy. You will have winning weeks, and losing weeks, but emotions won’t dictate sound decisions. There is applicability to re-think or adjust their active betting strategy during losing streaks – but this is simply adjusting to hedge against losses and adapt to evolving trends and patterns that most data can tell indicate. Read more →

https://www.intelligentbettingtips.com/wp-content/uploads/2016/02/inverview-investor-football.jpg358610Kael Mansfieldhttps://www.intelligentbettingtips.com/wp-content/uploads/2016/10/logo-ibt-03.pngKael Mansfield2016-02-02 22:09:292016-11-16 07:16:00Interview: How I made 300% return on my sports betting in one season

Any sports investor, expert nfl handicapper and sharp bettor understand the importance of how bankroll money management plays into having a profitable season. It’s not all about taking your best NFL picks from a solid nfl handicapper and going for the win. Bankroll management is integral when investing on the NFL, and in this post I’ll cover a few money management tips when betting on the NFL for any season.

You can never have enough education on money management and betting or investing on sports. If you can practice good money management skills in sports betting, you will go a long way. Just as you would with a prudent investment strategy into your 401K, RRSPs or the stock market and averaging down on over sold stocks and equities. You may use a money manager or investment advisor for your investment portfolio, and the same for your sports investing, but regardless of both you should still have an understanding of the fundamentals.

Investors across the board, whether your an investor in market equities, or sports investor specific sports, both have common fundamental investment philosophies that apply.

Some of the most important factors and best tips to becoming a profitable investor include:

Don’t let emotions dictate investment decisions.

Fundamental data analysis and research will show you the value who to invest in, and who to avoid, and at the very lease, give you an edge.

A lot of information is intangible and cannot be measured (ex. teams motivation and drive on game day). The quantifiable aspects of a company or team, such as profits and wins are easy enough to find and quantify, but always work into your formula considerations on qualitative factors, such as new coach, new quarterback, weather conditions, team emotions on game day, etc. Use a combination of tangible and intangible aspects when making your investment picks.

Money management or bankroll management

The latter, bankroll management, is one of the most common areas sports bettors and punters ignore, yet its one of the most integral sports investing areas that makes the difference between a bettor and a profitable sports investors.

Some treat betting on NHL as an off season investment – off season from NHL and college football, and even NBA and college basketball. But to the investor, they understand the opportunities NHL betting presents, and look at it as simply another investment vehicle to build their bankroll and portfolio.

In this post we’ll cover 6 common NHL betting strategies used by expert NHL handicappers and sharps to build their bankroll over the hockey season. And if you’re new to betting on the NHL or seeking approach sports betting as a bonafide investment strategy, I recommend you first read the NHL betting basics and handicapper tips for the background details, and reference sports betting terminology

1. Underdogs Betting the underdogs may seem like the risky long shot play, but statistically you’ll find more sharp underdog bets than favorites since the NHL offers a somewhat level playing field. Remember the NHL salary caps? This contributes to evening the skill among the teams, offering the opportunity on a given hockey night that regardless how a team placed the previous season in their run for the playoffs and Stanley Cup, the following season its fair game.

2. Compare NHL Lines

The sportsbook lines provide the most significant difference in profitability and opportunity between winning and losing your nhl picks. Smart NHL bettors take the best lines from any given online sportsbook, taking the most favorable odds on their NHL picks. Sportsbooks can offer a significant difference between NHL odds, and shopping for the best line has statistically shown the difference between highly profitable bettors. When shopping for the best NHL odds, you may only find minor differences in the odds, but the investment strategy to betting on the NHL, as with most other sports, is incremental gains over time. Just like Warren Buffet, he seeks value and buying opportunities on Wall Street, and over time, has made him one of the wealthiest investors of all time. And unlike many sports bettors seeking a big profitable win fall betting on a single game, the sports investor, professional hockey handicappers and sharp bettors understand this betting strategy; incremental gains over time and patience.

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3. Bet like Poker, Not like Black Jack In other words, don’t bet on every game like you do on black jack. Online sportsbook oddsmakers understand this psychology, and fairly accurate setting the NHL betting lines, which deters a lot of sharp betting. So like poker, apply your patience and shop around like a sharp bettor, or subscribe to reputable NHL handicapper with a good track record, and look for the sharpest bet and take that game as your pick. Don’t bet your favorite teams, or the big game of the night. Look for the sharp opportunities that will show up with different online sportsbooks. By applying this strategy will train you over time to quickly understand which NHL bets and expert picks give the highest potential ROI…and not necessarily profit.

Sportsbooks also are aware that most recreational and novice bettors tend to wager on the their favorites vs. the underdogs. Whether is an emotional attachment to the team or other reason, sharps and sportsbooks know that with the most recreational sports bettors don’t fully understand how the NHL odds work, and take the smaller payouts as a result of betting emotionally. This emotional tie to hockey influences the publics love for their team or the favorites, and online bookmakers will move the odds to account for this statistical proven fact.

Tip: Wagering on the underdog in NHL betting on every game (which you should not do), will statistically lose much less profit than if you wagered on the favorite, in every game. Remember, selectively choose your sharp NHL picks and NHL predictions, the underdogs and the best line.

4. Throw out the parlays

Yes, parlays are popular as the offer the chase of the big payoff for little risk. Sports action especially pushes this with NHL bettors as the understand the appeal it offers. But parlays in NHL betting is similar to a lottery….low investment with high risk for big payouts. Are you gambler…then go with this thrill…but if you’re a sports investor, you’ll soon see why you’ll avoid parlays in NHL wagering and why expert handicappers who run the numbers will avoid the parlays.

If you’re new to parlay bets, it simply offers you a variety of potential outcomes to bet on, and if all outcomes win, you win. The statistical risk with parlays increases significantly with each parlay bet. The more parlays, the lower probability you’ll win. If every single one of your selected NHL predictions win, then the parlay bet pays out. But if one prediction loses, then the entire parlay bet is lost.

NHL sports investors, sharp bettors and experience expert handicappers understand that over time wagering on single NHL games will lead to better profitability as aside from the statistical probabilities described above, it also provides the bettor an easier way to manage their bankroll and select sharper NHL bets to make more yield.

5. Research

Researching the NHL game statistics is critical. Reputable expert NHL handicappers and sharps know this. They run the numbers and the weights of key statistics for specific games, along with researching the different NHL odds at the sportsbooks.

Weights and indicators handicappers may use include recent trends, recent performance, historical match ups, home or away trends and advantages, starting goalies, injuries and more.

Also when researching the NHL odds at different online sportsbooks (and avoid the blacklisted sportsbooks), get a feel why some online sportsbooks are setting their odds a certain way; for example public and consensus opinion and the advantages it offers for share bets.

6. Personal Trends & Bankroll

Always step outside the box to look at your performance over the short term and long term, and how you’re managing your bankroll. At times even the best sharps and NHL handicappers hit losing streaks, but the understand the fundamental NHL betting strategies above, and manage their losses. They’ll look at the bigger picture of performance over the season and time. Everyone hits bad streaks…and if so, take a break and give the bankroll time to breathe and review your approach and research. Ensure your fundamentals are in place, and/or how the handicappers you subscribe to are performing. An advantage to subscribing to a pool of expert handicappers is to see if there is a general expert trend and consensus on the games. While all their individual research may point to winning picks that turn out as losses, it may indicate a minor gap or trend has formed, and its bettor to wait to see their moving winning average turn around before getting back in. Note, if you understand investing in the markets and the MACD indicator, a similar statistical indicator can be applied to expert handicappers performance and even your own sports betting portfolio.

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